According to the public record, Ground Floor, 64, Mervan Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 764 ft2 of internal area and a garden.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 64, Mervan Road, London, SW2.
Mervan Road, London, SW2 is located in the borough of Lambeth within the SW2 postal district.
Ground Floor, 64, Mervan Road, London has 31 entries in the Land Registry database, most recently in July 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Ground Floor 64 Mervan Road London as £617,590 and the rental value as £2,576 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Ground Floor 64 Mervan Road London has increased by £15,129 (2.4%) and its rental value has increased by £106 per month (4.1%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Ground Floor, 64, Mervan Road, London is in very good condition we estimate a sale value of £648,470 and rental value of £2,704 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £574,359 and a rental value of £2,395 per month.
If you were able to purchase this property for the estimated value of £617,590, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,035 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, Ground Floor, 64, Mervan Road, London was last sold on 17 Jul 2018 for £631,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2018, the market for similar properties has risen 8.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Ground Floor, 64, Mervan Road, London within a radius of 280 metres over the last 2 years.
The most recent example is Flat 3, 15, Saltoun Road, London, SW2 1EN, a Leasehold flat which sold for £775,000 in Jan 2024.
Read more about house prices in SW2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mervan Road, London, SW2 has a total of 94 addresses. According to our analysis of all the public data, Ground Floor, 64, Mervan Road, London is the 62nd largest and the 64th most expensive property on the street.
When compared to the postcode district it is £66k more expensive than the average property in SW2.
The closest station to Ground Floor, 64, Mervan Road, London is Brixton station which is 400 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Ground Floor, 64, Mervan Road, London, 26.8% of property is privately owned with a mortgage and 25.0% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Ground Floor, 64, Mervan Road, London, 16.1% of residents are recorded as possessing school level qualifications and 67.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Ground Floor, 64, Mervan Road, London, the average age was 35.7 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Ground Floor, 64, Mervan Road, London, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Ground Floor, 64, Mervan Road, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.